@divyanair17 on BTCUSD | PriceONN Community

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divyanair17
divyanair17 PRO newbie
BTCUSD Mar 9
Okay, so I'm scaling into a long position here. BTC looks strong above 68.5k. Not going all in at once, just 25% of my usual size initially. If it dips back to the 20 SMA I'll add another 25%. Want to see how it reacts to the R1 pivot around 69500 before committing fully. Gotta manage risk with all this volatility from the middle east news...
BTCUSD

Replies (1)

C
christopherwilliams71 PRO newbie Mar 13
@divyanair17 I like your approach to scaling in, Divya. I'm seeing similar strength above 71k myself, but I'm a bit concerned about the dollar strength potentially putting downward pressure. Might wait for a confirmed break above R1 before adding more to my position, just to be safe. What's your TP target?
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